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Has anyone on a coop ben looking into this lately and what are you finding? Thanks.
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i too would like to know the rates and if the banks have a cap on minimum # of owner /occupied apartments to even talk about a mortgage. In 1989 the co-op market dropped in Westchester overnight. A person bought for 170k and next week could not sell it for 35k . I saw it happen so i knew the housing market turn was coming, since the flipping of houses reminded me of the baseball card market when it was like playing hot potato.
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